Armenia’s monetary base rose 3.8% to AMD 746.4 billion in November

YEREVAN, January 9. /ARKA/. Armenia’s monetary base grew by 3.8% in November, compared with October, to about AMD 746.4 billion, the National Statistical Service reported referring to the central bank’s preliminary figures.

Cash outside the central bank amounted to over AMD 405.74 billion in late November against over AMD 408.61 billion at the end of October.

Mandatory reserves in drams totaled over AMD 182 billion in November (increase of 1.9%), and those in foreign currencies grew by 19.9% to over AMD 154.86 billion.

Net international reserves less funds from privatization grew 6.6% over November, compared with October, to over AMD 525.7 billion.

Net internal assets totaled over AMD 220.6 billion against over AMD 225.9 billion in October. ($1 – AMD 405.95).  –0–

spot_img

POPULAR

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

Acba Leasing’s special offer: 5% down payment for purchasing an electric vehicle

Acba Leasing, the undisputed leader in the Armenian leasing market, is presenting a special offer on the purchase of electric vehicles at TOON EXPO 2026, together with its partner ROEL Automotive Group, according to the Acba Bank press service.

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

Armenia uncovers scheme to illegally import large sums of rubles and exchange them for dollars

The State Revenue Committee (SRC) of Armenia reported the discovery of cases of large amounts of foreign currency in cash being imported into the country and its possible involvement in shadow circulation.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img